Redeemer Classical School
- Assets
- $2.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 52
- Location
- Harrisonburg, VA
- Founding
- 07/2003
- Data as of
- 06/2022
- EIN
- 74-3071696
Organization Overview
Redeemer Classical School is located in Harrisonburg, VA. The organization was established in 2003. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Redeemer Classical School employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redeemer Classical School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Redeemer Classical School generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 14.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER WITH FAMILIES TO PROVIDE FOR THE CHRISTIAN DISCIPLESHIP OF CHILDREN THROUGH A CLASSICAL EDUCATION FOR THE GREATER GLORY OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REDEEMER CLASSICAL SCHOOL IS AN INDEPENDENT CHRISTIAN SCHOOL WITHOUT TIES TO ANY CHURCH OR DENOMINATION. THE SCHOOL'S STATEMENT OF FAITH IS FOCUSED ON THE TRUTHS THAT HAVE BOUND ORTHODOX CHRISTIANS TOGETHER THROUGH THE AGES, ACROSS THE BOUNDARIES OF TIME, PLACE, RACE, DENOMINATION AND TRADITION. IN 2021-2022, THE SCHOOL'S ENROLLMENT INCREASED TO A RECORD 196 STUDENTS, 26% OF WHOM RECEIVED FINANCIAL ASSISTANCE. IN THE 2020-21 SCHOOL YEAR, REDEEMER CLASSICAL SCHOOL LAUNCHED A RHETORIC SCHOOL (HIGH SCHOOL), STARTING WITH 9TH GRADE. THE SCHOOL ADDED 10TH GRADE FOR THE 2021-22 SCHOOL YEAR.
REDEEMER STUDENTS RECEIVED NUMEROUS AWARDS AND RECOGNITION THROUGHOUT THE SCHOOL YEAR. THIS YEAR STUDENTS COMPETED IN THE NATIONAL SPELLING BEE AND THE REGIONAL SCIENCE FAIR. STUDENTS ALSO COMPETED IN THE NATIONAL LATIN EXAM AND NATIONAL MYTHOLOGY EXAM. ADDITIONALLY REDEEMER HAS A ROBUST MEMORIZATION PROGRAM THAT HAS THEM COMMIT OVER 600 BIBLE VERSES, POEMS, SONGS, AND LITERARY PASSAGES TO MEMORY FROM PK-11TH GRADE.
IN 2021, THE SCHOOL JOINED VACA (VIRGINIA ASSOCIATION OF CHRISTIAN ATHLETICS) IN ORDER TO COMPETE IN INTERSCHOLASTIC ATHLETIC COMPETITION IN THE FOLLOWING SPORTS: VOLLEYBALL, CROSS COUNTRY, BASKETBALL, GOLF, AND TRACK. STUDENTS IN THE RHETORIC SCHOOL COMPLETE A MINIMUM OF 10 HOURS OF COMMUNITY SERVICE EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Kerns Director | Trustee | 2 | $0 |
John Allen Director | Trustee | 2 | $0 |
Jonathan Bucher Chair | OfficerTrustee | 2 | $0 |
James R Fries Vice Chair | OfficerTrustee | 2 | $0 |
Rita Peters Secretary | OfficerTrustee | 2 | $0 |
Kate Pascarella Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,777 |
| All other contributions, gifts, grants, and similar amounts not included above | $994,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,004,723 |
| Total Program Service Revenue | $1,547,068 |
| Investment income | $562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,552,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $155,779 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,100 |
| Compensation of current officers, directors, key employees. | $49,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $950,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,229 |
| Payroll taxes | $80,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,880 |
| Advertising and promotion | $13,224 |
| Office expenses | $35,421 |
| Information technology | $2,402 |
| Royalties | $0 |
| Occupancy | $69,725 |
| Travel | $91 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,699 |
| Interest | $42,854 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,628 |
| Insurance | $12,875 |
| All other expenses | $11,686 |
| Total functional expenses | $1,769,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,333 |
| Savings and temporary cash investments | $12,702 |
| Pledges and grants receivable | $340,467 |
| Accounts receivable, net | $3,642 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,237 |
| Net Land, buildings, and equipment | $1,577,944 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,374,325 |
| Accounts payable and accrued expenses | $23,931 |
| Grants payable | $0 |
| Deferred revenue | $84,824 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $801,905 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $910,660 |
| Net assets without donor restrictions | $1,113,306 |
| Net assets with donor restrictions | $350,359 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,374,325 |